Russia plans to auction the largest coal field in the Far Eastern republic of Sakha (Yakutia) by July 23 to benefit from rising prices for coking coal.
The deadline for the auction of the Elga field, with the potential to yield 30 Mt/y, is “final,” Vladimir Shchadov, deputy director of the Federal Energy Agency, said at […]

ndia’s 10-year bonds advanced for a third day after the government announced fewer debt sales this week than last.
India will sell a combined 65 billion rupees ($1.6 billion) of treasury bills on June 20, following the auction of 220 billion rupees of bonds and bills last week. The 10-year bond yield fell to the lowest […]

Brazil’s central bank said on Wednesday it will hold an auction to buy U.S. dollars on the spot foreign exchange market as part of an ongoing effort to build up international reserves.
The Brazilian currency, the real, was 0.15 percent stronger after the announcement at 1.944 per dollar. The real has traded below 2.0 per dollar […]

Two more uranium auctions this week could push uranium spot prices higher, after previous sales with bids due on May 30 and June 1 helped drive prices to US$135 per pound at Ux Consulting and US$138 at TradeTech.
Higher demand continues to be cited as the explanation for the near doubling of uranium prices this year, […]

The governmentbond yields rose to 10-month highs on Monday as dealers cut positions ahead of larger-than-expected bond auctions this week. The yield on the 10-year bond ended at 8.23%, up from Friday’s close of 8.14%. It hit 8.24% in early trades, a level it last tested in early August. “The bond auction news saw the […]

In less than three weeks, four uranium auctions will have taken place. Spot U3O8 price has jumped by 300 percent, since June 2006 when it closed the month at US$46/pound. The uranium price has soared by 475 percent in less than two years.
Is there more price rally left in the ‘long march’ of the spot […]

The RBI has announced a slew of auctions for next week, reports CNBC-TV18.
On behalf of the government, it will sell Rs 5,000 crores of 10-year bonds and Rs 5,000 crores of T-bills on Monday.
On Wednesday, it will sell another Rs 6,000 crore worth of 19 and 182 day T-bills. On Friday, it will auction 10-year […]

ABN Amro Holding NV (ABN : 47.01, -0.27, -0.6% ) said Friday it will take over 32 branches of failed Taiwanese lender Taitung Business Bank after winning a government auction.
The deal will increase the number of the Dutch bank’s branches in Taiwan to 37 from five and will strengthen its presence in Taiwan’s banking market […]

Italian utility Enel scooped up a blocking stake in OGK-5 on Wednesday for $1.52 billion, driving up valuations in the power sector by paying an unprecedented premium of 18 percent to the market price.
In a climate of tightening state control over strategic industries, Unified Energy System’s sell-off of all its assets is the country’s last […]

Continuing to demonstrate its leadership in fixed income electronic trading, BondDesk Group announced today that it will begin trading Auction Rate Securities (ARS) through its Alternative Trading System (ATS). E*TRADE Securities LLC will be the first financial services firm to offer electronically traded ARS to retail investors via the BondDesk marketplace.
BondDesk has transformed the trading […]